The Senate version would give consumers up to 21 days to repay loans of up to $300, and a minimum of 28 days to repay loans of $301 to $500.

The House version was a 21-day payback for loans of up to $200, and 28 days for loans of $201 to $500.

The two chambers must agree on a single version before a bill can go to the governor.

Currently, a check-cashing business can write a contract from one to 30 days. Senate Banking Chairman Gary Jackson says requiring a 28-day minimum on larger loans would effectively cut in half the annual percentage rate.